EAEU members, China sign cooperation agreement in St.Petersburg forum

AKIPRESS.COM - Deputy Prime Ministers of the Eurasian Economic Union member states, China and Chairman of the Board of Eurasian Economic Commission signed a cooperation agreement on the sidelines of the St. Petersburg Economic Union.
The agreement is aimed to exchange information on goods and vehicles transported across the customs border of the Eurasian Economic Union and China.
The First Deputy Prime Minister and Minister of Finance Alikhan Smailov took part in the event as a representative of Kazakhstan.
Smailov at the session "Eurasian Economic Union. Future strategy" said that the EAEU countries need to pay more attention to cooperation, creation of regional value chains, in particular, large-scale cooperation projects in processing industry, agriculture, transport and other areas.
The First Deputy Prime Minister also told about the launch of "The Eurasian Network of Industrial Cooperation, Subcontracting and Technology Transfer" project, which will enable small and medium businesses to be involved in production chains.